540 East Taylor Street

Savannah, GA 31401

$1,870,000
Price
7
Beds
7
Baths
3,847 Sq. Ft.
$486 / Sq. Ft.
3,847
Sq. Ft.
$486
per Sq. Ft.

Description

Rare opportunity for 4 non-owner occupied short-term vacation rental units in heart of the Landmark Historic District. This property boast Net Operating Income (NOI) of $100,000/year. "Downstairs"currently owner occupied & utilized as a 2 bed/ 2 bath suite w/ private access to deck & courtyard; its potential income was factored into NOI. Two auxiliary units, each with full kitchens located upstairs & include 2 beds/ 2 baths on the second level and a cozy studio on 3rd floor. An entirely separate...Rare opportunity for 4 non-owner occupied short-term vacation rental units in heart of the Landmark Historic District. This property boast Net Operating Income (NOI) of $100,000/year. "Downstairs"currently owner occupied & utilized as a 2 bed/ 2 bath suite w/ private access to deck & courtyard; its potential income was factored into NOI. Two auxiliary units, each with full kitchens located upstairs & include 2 beds/ 2 baths on the second level and a cozy studio on 3rd floor. An entirely separate cottage/ carriage house can be accessed from the lane and offers kitchen, living room and two beds & baths. Tandem parking off lane accommodates 2 cars. This well maintained home boasts strong rental history, good reviews and future income. It's sold turn key with exception of owner's suite and items in courtyard. Steps from Forsyth Park, restaurants & shopping, it's expected to have continued appreciation and potential for increased income. Proforma & financials available upon request.
  1. Listed by Heather Booth • BHHS Bay Street Realty Group
    P: (912)-401-9401 C: (912)-401-9401 hbooth@corabettthomas.com

Property Details for 540 East Taylor Street

Architectural Style
Traditional
Waterfront
No
Community Features
Playground
Zoning
RM40
LISTING UPDATED: 09/30/2024 12:15 PM

Property Details for 540 East Taylor Street

StatusActive
MLS #314916
Days on Market120
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1870
Lot Size0.06 AC / 2,614 SF
CountyChatham County

Virtual Tour

Building Information for 540 East Taylor Street

Stories3Residences-Year Built1870Building Size-Lot Size0.06 AC / 2,614 SF

Property Information for 540 East Taylor Street

Summary
Location and General Information
  • County Or Parish: Chatham
  • City: Savannah
  • Zoning Description: Commercial,Mixed use,Multi Family
  • Directions: From the riverfront area, take East Broad south to Taylor Street (one-way street). The home will be in the first block on the right
  • Latitude: 32.070042
  • Longitude: -81.08809
  • Postal City: Savannah
  • Unparsed Address: 540 E Taylor Street
  • State Or Province: GA
  • Postal Code: 31401
Taxes and HOA Information
  • Tax Legal Description: WEST 28 FEET OF LOT 8 DAVIS WARD EASEMENT REF: 42P 88 EASEMENT PRB 46P 1
  • Association: No
  • Parcel Number: 2003301023
Virtual Tour
Property
Lot Information
  • Number Of Lots: 1
  • Living Area: 3,847.00
  • Living Area Source: Plans
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Dimensions: 28 X 100
  • Lot Size Square Feet: 2614.0
  • Lot Size Units: Acres
  • Stories Total: 3
Property and Assessments
  • CLIP: 2,896,148,495
  • Year Built: 1870
  • Common Walls: One Common Wall
  • Number Of Units Total: 0
  • Property Attached: Yes
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Asphalt
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Foundation Details: Pillar Post Pier, Raised
  • Roof: Composition
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Plumbed For Ice Maker, Range, Refrigerator, Washer
  • Basement: No
  • Bathrooms Full: 7
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 7
  • Cooling: Electric, Heat Pump, Zoned
  • Cooling: Yes
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Furnished: Furnished
  • Heating: Electric, Heat Pump, Zoned
  • Heating: Yes
  • Interior Features: Fireplace
  • Laundry Features: Washer Hookup, Dryer Hookup
Rental
Rental Information
  • ListingTerms: Cash,Conventional,Exchange1031

Property History for 540 East Taylor Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 540 East Taylor Street

Taxable ValueLand$27,000Additions$301,000Total$328,000
Home Facts
Beds2Total Finished SqFt2,645 SqFtAbove Grade Finished SqFt2,645 SqFtStories3Lot Size2,801 SqFtStyleTownhouseYear Built1900Year Renovated1990ZoningRM40CountyCHATHAMAPN2-0033 -01-023Fireplace TypeTwo Story

Schools near 540 East Taylor Street

This home is within Chatham County School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Spencer Elementary School
Public1 to 5

Hubert Middle School
Public6 to 8

Savannah Arts Academy
Public9 to 12

East Broad Street School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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540 East Taylor Street is a multi-family home for sale in Savannah, GA 31401. This property was listed for sale on July 16, 2024 by BHHS Bay Street Realty Group, it's currently listed at $1,870,000. This listing's school district is Chatham County School District. Nearby schools include Spencer Elementary School, Hubert Middle School and Savannah Arts Academy. 540 East Taylor Street is a 7-bed, 7-bath, 3,847 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Bay Street Realty Group

Based on information from one of the following Multiple Listing Services: Savannah Multi-List Corporation. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Savannah Multi-List Corporation is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.